Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate−0.056%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$900.902% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.056%, 7d avg −0.029%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.027% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASML_USDT	1,725.8	0	get 0.0000% / 8h	4h 30m	$1.1M	$544K	50x
Short	Bybit ASMLUSDT	1,724.9	0	get 0.0000% / 8h	4h 30m	$873K	$126K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → −0.029%: −$2.66
Slippage, 4 orders: −$64.18
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$92.84
Costs to cover: 0.902%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	6.43 bp	39.1 bp −$39	75.9 bp −$759	doesn't fit	doesn't fit
Sell Bybit live order book, 25 min ago	8.90 bp	18.3 bp −$18	150.1 bp −$1,501	doesn't fit	doesn't fit

ASML on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ASMLUSDT	0.0000%	8h	1,724.5	−0.077%	$14K	$12K	20x	as long as short
Bybit ASMLUSDTshort	0.0000%	8h	1,724.9	−0.056%	$873K	$126K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,724.7	−0.064%	$729K	$294K	20x	as long as short
Gate ASML_USDTlong	0.0000%	8h	1,725.8	long leg	$1.1M	$544K	50x
Bitget ASMLUSDT	0.0000%	8h	1,724.5	−0.075%	$987K	$513K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,725	−0.046%	$311	$180K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,723.5	−0.133%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,726.9	+0.065%	$11K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,726.7	+0.052%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.367%	$11K	$37K	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASML	+0.0050%	1h	1,724.8	−0.059%	$2.8M	$830K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,724.7	−0.064%	$829	$18K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,723.1	−0.159%	$217K	$308K	10x	as long as short
Polymarket Perps ASML-USD	+0.0137%	1h	1,726.2	+0.023%	$68K	$447K	10x	as long as short
BloFin ASML-USDT	+0.0256%	8h	1,725	−0.049%	$47K	$92K	20x	as long as short
Binance ASMLUSDT	+0.0262%	8h	1,726.3	+0.027%	$3.3M	$3.5M	20x	as long as short
Extended ASML-USD	+0.0264%	1h	1,725.8	0.000%	$7K	$341K	10x	as long as short